Yandex NV reached an agreement to sell its Russian business, including the nation’s most popular search engine, for about $5.2 billion, the highest-valued deal yet to exit Russia following the invasion of Ukraine. The divorce, which took more than a year to negotiate, opens the way for Yandex, which has been registered in the Netherlands since 2007, to develop some projects abroad after divesting Russian units that had generated most of its revenue. Yandex management will get the biggest… Source link
Read More »Yandex NV Strikes $5.2Bln Deal With Russian Investors
Tech giant Yandex announced Monday it has agreed to sell its Russian assets to a consortium of Russian investors for 475 billion rubles ($5.2 billion). The Amsterdam-based Yandex N.V. had been negotiating a restructuring after Western sanctions over Russia’s war in Ukraine forced Yandex to effectively split into two companies, with one based in Russia and the other in the Netherlands. “Yandex N.V., the Dutch parent company of the Yandex group… has entered into a definitive… Source link
Read More »Israel strikes Gaza, Syria and West Bank as war against Hamas threatens to ignite other fronts – Yahoo News
[unable to retrieve full-text content]Israel strikes Gaza, Syria and West Bank as war against Hamas threatens to ignite other fronts Yahoo News Source link
Read More »Ukraine and Russia both launch cross-border drone strikes overnight. Putin attempts to stabilise ruble,… – Новая газета. Европа
[unable to retrieve full-text content]Ukraine and Russia both launch cross-border drone strikes overnight. Putin attempts to stabilise ruble,… Новая газета. Европа Source link
Read More »Target Q4 earnings beat estimates, CEO strikes a cautious tone as consumer spending shifts – Yahoo Finance
[unable to retrieve full-text content]Target Q4 earnings beat estimates, CEO strikes a cautious tone as consumer spending shifts Yahoo Finance Source link
Read More »Google strikes back in search antitrust lawsuit
Courts have unsealed Google’s motion to dismiss an antitrust lawsuit over its search engine — one that could fracture a core Google service in order to increase online competition. In a motion for summary judgment filed on December 12th, the company argues that the complaint misrepresents its agreements with browser developers and Android phone makers, unfairly punishing its success. “Requiring Google not to compete vigorously — or requiring browser developers to alter their product… Source link
Read More »Ukrainian Air Force describes sources and means of Russian missile strikes of Friday
Russia launched a massive attack, deploying over 60 missiles, to distract the attention of Ukraine’s air defences. Source: Yuriy Ihnat, Spokesman for Ukrainian Air Force, on air during the 24/7 national joint newscast Quote: “At this moment, we have information on over 60 missiles that flew over Ukraine. These are Kh-555 and Kh-101 missiles, traditionally launched from Tu-95 aircraft, as well as Kalibr [cruise missiles] launched from the Black Sea. We also recorded launches of the S-300. The… Source link
Read More »Ukrainian Air Force describes sources and means of Russian missile strikes of Friday
Russia launched a massive attack, deploying over 60 missiles, to distract the attention of Ukraine’s air defences. Source: Yuriy Ihnat, Spokesman for Ukrainian Air Force, on air during the 24/7 national joint newscast Quote: “At this moment, we have information on over 60 missiles that flew over Ukraine. These are Kh-555 and Kh-101 missiles, traditionally launched from Tu-95 aircraft, as well as Kalibr [cruise missiles] launched from the Black Sea. We also recorded launches of the S-300. The… Source link
Read More »U.S. strikes deal with Google over search warrant data loss
WASHINGTON, Oct 25 (Reuters) – The U.S. Justice Department said on Tuesday it reached an agreement with Alphabet Inc’s (GOOGL.O) Google resolving a dispute with the search engine giant over the loss of data responsive to a 2016 search warrant. The government said it was a “first-of-its-kind resolution” that would result in Google reforming “its legal process compliance program to ensure timely and complete responses to legal process such as subpoenas and search warrants.” “The department is… Source link
Read More »Google’s Jeffries strikes out on his own- POLITICO
With Daniel Lippman GOOGLE LOBBYIST HANGS A SHINGLE: Stewart Jeffries, an in-house lobbyist at Google for more than a decade, is launching his own government affairs shop, Jeffries Strategies. Jeffries joined Google in 2011 as the tech giant’s first competition policy counsel amid an FTC probe into its business practices, and later led the company’s outreach to House and Senate Republican leadership, committees and personal offices. — He previously served as the chief antitrust… Source link
Read More »